How can we assist little business impacted by the COVID-19 crisis?

asked 2020-06-14 23:05:27 -0500

KaliHedric gravatar image

Challenges facing small organisations

How huge is the coming wave? The world as a whole is most likely to participate in an economic crisis in 2020, according to newest quotes from the International Monetary Fund (IMF) ². Some sectors will suffer more than others, with the travel, lodging and food services sectors being hit especially hard. Businesses themselves are most likely to travel through a four-phase process: shutdown, supply-chain disturbance, demand anxiety and finally, recovery. The intensity and interruption triggered by each stage of the procedure will depend on the policies adopted by governments. We understand the effect will be severe

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